Summary

Elon Musk lashed out online Monday as Tesla stock plunged over 15%, wiping out its post-election rally and shedding 50% of its value since December.

Investors worried about market declines, recession fears, and Tesla’s growing controversy after Musk’s far-right rhetoric and mass government layoffs.

Musk falsely claimed Democratic donors funded anti-Tesla protests and linked critics to Jeffrey Epstein. He amplified conspiracy theories blaming arson attacks on Democrats.

Despite his efforts, Tesla’s collapse cost Musk $23 billion in a single day.

  • GlendatheGayWitch@lemmy.world
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    1 day ago

    In Texas, if you have a contract with the state or a school district, you have to sign a contract where you agree not to “boycott israel” whatever that means. So I guess if one was to “boycott israel” while taking money from the state of Texas, that could be considered an illegal boycott.

    • Trainguyrom@reddthat.com
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      5 hours ago

      you agree not to “boycott israel” whatever that means

      As performative as that is, it’s just bizarre to imagine as a business having to ask “if I just happen to have not had any contracts with Israeli entities am I in violation of my contract with this random rural Texas county’s public works department?”

      • GlendatheGayWitch@lemmy.world
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        2 hours ago

        There’s also a clause where you agree not to perform an abortion while on duty.

        It’s really weird and probably comes from Abbott saying that all money from the state supports Israel and that no money is used to fund an abortion.

    • Yondoza@sh.itjust.works
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      1 day ago

      That feels like the government placing limits on the rights of corporations to express political views, which SCOTUS has stated is illegal (if you define speech as campaign contributions, which it does).